Algeria: the political system is sclerotic; aging leaders reject any real openness – US Think Tank

The Washington-based Middle-East Institute (MEI) described Algeria’s political system as ossified as “aging leaders reject any real openness” as massive street protests resume. “Internally, Algerian leaders are old and President Abdelmadjid Tebboune, strongly supported by the army, is in difficulty (…) The political system is ossified but aging leaders reject …

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Unwanted loan rally cuts business borrowing costs

Investors are clawing back loans from low-rating companies, fueling a recovery that is lowering borrowing costs for heavily indebted companies. Investors invested more than $ 8 billion in so-called leveraged loan funds in January and February, according to Refinitiv’s Lipper data – the most in more than two years and …

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Presidents of Algeria and Mali discuss peace process

Algerian President Abdelmadjid Tebboune met Sunday in the capital Algiers with visiting Malian President Bah N’Daw. The two presidents discussed bilateral relations, security issues and the 2015 peace agreement signed with the opposition. The meeting was attended by Interior Minister Kamal Beldjoud and Foreign Minister Sabri Boukadoum, according to knowledgeable …

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